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The company's solid financial position provides it with the flexibility to execute its transformation and invest in the long-term growth of businesses. Prudential Financial has been increasing its dividend for the past 15 years. Its dividend yield of 6.4% compares favorably with the industry's figure of 2.9%.
Prudential is part of M&G plc. See our companies and their registration numbers. Registered in Ireland.
A subadvisory agreement is a legally binding agreement between a mutual fund and an advisor. These agreements outline the terms and conditions of the relationship between the fund and the advisor and what rights and responsibilities are expected of each party.
Acquisition expands Empower's reach across retirement services market to more than 17 million individuals and $1.4 trillion in AUA. GREENWOOD VILLAGE, Colo. April 4, 2022?Empower today announced it has completed the previously announced acquisition of Prudential Financial, Inc.'s full-service retirement business.
We are headquartered in London and Hong Kong and are focused on four strategic regions: Greater China, ASEAN, India and Africa. We are served by more than 120,000 active agents, over 200 bank partners and 27,000 bank branches. Our purpose is to be partners for every life and protectors for every future.
On October 3, 2022, Prudential Retirement Insurance and Annuity Company was renamed Empower Annuity Insurance Company. For additional information regarding the name changes, please see empower.com/name-change.
To see this page as it is meant to appear/function please use a Javascript enabled browser. Effective April 1, 2022, Empower officially acquired the full-service retirement business of Prudential.
Empower closes acquisition of Prudential Financial retirement business | Empower.